Colombia Laundry Appliances Market by Products (Washing Machine, Dryers, Electric Smoothing Irons, and Others), Types (Freestanding Laundry Appliances, Built-in Laundry Appliances), Technologies (Automatic, Semi-Automatic/ Manual, Others) Distribution Channels (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Colombia laundry appliances market size is projected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising incomes and growing trend for a comforting lifestyle.
The move from conventional hand-washing to appliance-supported as disposable incomes continue to climb in developing economies also technological advancements in products caterings the demand for laundry appliances.
Consumer lifestyle and choice changes that result in a higher standard of living are predicted to be the primary driver driving the global washing machine cleaner market forward. Consumers are seeking smart home appliances that may help them save time and money while also improving their quality of life.
In 2019, urban regions and cities accounted for 81.1 percent of Colombia's total population. Smaller container sizes, concentrates, and multiuse/multifunction items may see a surge in demand as a result of urbanization.
Few consumers will want to carry big parcels through busy city streets therefore, urbanization may boost the need of lighter and easier-to-transport products. Finally, as developing markets become more urbanized, new cleaning appliances may become more widely adopted.
The International Monetary Fund classifies Colombia as an upper middle-income country with one of Latin America's major economies. The economy of the country is determined by its geography, and like many other South American countries, it is dependent on its abundant natural resources.
According to a Global economic data. Colombia had an average of 21.34 million employed individuals which is increasing every year this leads to increasing disposable income and demand for consumer goods that helps in balancing the work life.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for convenience appliances is anticipated to push the market growth during the forecast period.
- Growing women participation in the labor market and bringing more income into their families is projected to drive the market.
- Shrinking households and growing older population is expected to boost the market.
- The rising income per capita and Single-person households is projected to fuel the market expansion in the coming years.
- Growing stressful work environments and decreasing work-life balance are expected to spur market growth.
- The rapid growth of the consumer goods industry is a major factor boosting market growth in the coming years.
- The high price of the smart washing machine is expected to hinder the market growth.
- Improved efficacy of liquid detergent on cleaning, as well as its innovation & technological advancement in fabric cleaning is expected to create an immense opportunity for the market players.
Scope of the Report
The report on the Colombia laundry appliances market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Colombia Laundry Appliances Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Products (Washing Machine, Dryers, Electric Smoothing Irons, and Others), Types (Freestanding Laundry Appliances, Built-in Laundry Appliances), Technologies (Automatic, Semi-Automatic/ Manual, Others) Distribution Channels (Supermarkets & Hypermarkets, Specialty Stores, Online, and Others) |
|
Country Scope |
Colombia |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Mabe Colombia; Industrias Haceb SA; Electrolux; LG Electronics;Samsung |
Colombia Laundry Market Segment Insights
The washing machine segment is projected to account for a major market share
Based on Products, the Colombia laundry appliances market is divided into washing machine, dryers, electric smoothing irons, and others. The washing machine segment is expected to represent a key share of the market during the forecast period owing to busy lifestyle as well growing working women population in the region is the major factor for the growth.
The freestanding laundry appliances segment is expected to grow at a robust pace
On the basis of types, the Colombia laundry appliances market is segmented into freestanding laundry appliances, built-in laundry appliances. The freestanding laundry appliances segment is expected to hold a key share of the market in the coming years owing to rising demand for small size, portable, and compact washing machines.
The automatic segment is anticipated to register CAGR
In terms of technologies, the Colombia laundry appliances market is divided into automatic, semi-automatic/ manual, others. The automatic segment is expected to hold a key share of the market during the forecast period owing to rise in the number of single-family homes and urbanization has resulted in an increase in the usage of automated washing machines.
The supermarkets & hypermarkets segment is expected to register at a significant pace
In terms of distribution channels, the Colombia laundry appliances market is segmented into supermarkets & hypermarkets, specialty stores, online, other distribution channels. The supermarkets & hypermarkets segment is expected to represent a key share of the market due to wide range of options available and also consumer can physically check the product.
Segments
The Colombia Laundry Appliances Market has been segmented on the basis of
Products
- Washing Machine
- Dryers
- Electric Smoothing Irons
- Others
Types
- Freestanding Laundry Appliances,
- Built-in Laundry Appliances
Technologies
- Automatic
- Semi-Automatic/ Manual
- Others
Distribution Channels
- Supermarkets and Hypermarkets,
- Specialty Stores
- Online
- Others
Country
- Colombia
Key Market Players
- Mabe Colombia
- Industrias Haceb SA
- Electrolux
- LG Electronics
- Samsung
Competitive Landscape
Key players competing in the Colombia laundry appliances market include Mabe Colombia; Industrias Haceb SA ; Electrolux; LG Electronics; Samsung
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laundry Appliances Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laundry Appliances Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laundry Appliances Market - Supply Chain
4.5. Global Laundry Appliances Market Forecast
4.5.1. Laundry Appliances Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laundry Appliances Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Laundry Appliances Market Absolute $ Opportunity
5. Global Laundry Appliances Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Laundry Appliances Market Size and Volume Forecast by Types
5.3.1. Freestanding Laundry Appliances
5.3.2. Built-in Laundry Appliances
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Laundry Appliances Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Laundry Appliances Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Laundry Appliances Demand Share Forecast, 2019-2026
7. North America Laundry Appliances Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Laundry Appliances Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Laundry Appliances Market Size and Volume Forecast by Types
7.4.1. Freestanding Laundry Appliances
7.4.2. Built-in Laundry Appliances
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Laundry Appliances Demand Share Forecast, 2019-2026
8. Latin America Laundry Appliances Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Laundry Appliances Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Laundry Appliances Market Size and Volume Forecast by Types
8.4.1. Freestanding Laundry Appliances
8.4.2. Built-in Laundry Appliances
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Laundry Appliances Demand Share Forecast, 2019-2026
9. Europe Laundry Appliances Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Laundry Appliances Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Laundry Appliances Market Size and Volume Forecast by Types
9.4.1. Freestanding Laundry Appliances
9.4.2. Built-in Laundry Appliances
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Laundry Appliances Demand Share Forecast, 2019-2026
10. Asia Pacific Laundry Appliances Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Laundry Appliances Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Laundry Appliances Market Size and Volume Forecast by Types
10.4.1. Freestanding Laundry Appliances
10.4.2. Built-in Laundry Appliances
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Laundry Appliances Demand Share Forecast, 2019-2026
11. Middle East & Africa Laundry Appliances Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Laundry Appliances Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Laundry Appliances Market Size and Volume Forecast by Types
11.4.1. Freestanding Laundry Appliances
11.4.2. Built-in Laundry Appliances
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Laundry Appliances Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Laundry Appliances Market: Market Share Analysis
12.2. Laundry Appliances Distributors and Customers
12.3. Laundry Appliances Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Mabe Colombia
12.4.2. Industrias Haceb SA
12.4.3. Electrolux
12.4.4. LG Electronics
12.4.5. Samsung
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laundry Appliances Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laundry Appliances Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laundry Appliances Market - Supply Chain
4.5. Global Laundry Appliances Market Forecast
4.5.1. Laundry Appliances Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laundry Appliances Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Laundry Appliances Market Absolute $ Opportunity
5. Global Laundry Appliances Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Laundry Appliances Market Size and Volume Forecast by Types
5.3.1. Freestanding Laundry Appliances
5.3.2. Built-in Laundry Appliances
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Laundry Appliances Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Laundry Appliances Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Laundry Appliances Demand Share Forecast, 2019-2026
7. North America Laundry Appliances Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Laundry Appliances Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Laundry Appliances Market Size and Volume Forecast by Types
7.4.1. Freestanding Laundry Appliances
7.4.2. Built-in Laundry Appliances
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Laundry Appliances Demand Share Forecast, 2019-2026
8. Latin America Laundry Appliances Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Laundry Appliances Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Laundry Appliances Market Size and Volume Forecast by Types
8.4.1. Freestanding Laundry Appliances
8.4.2. Built-in Laundry Appliances
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Laundry Appliances Demand Share Forecast, 2019-2026
9. Europe Laundry Appliances Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Laundry Appliances Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Laundry Appliances Market Size and Volume Forecast by Types
9.4.1. Freestanding Laundry Appliances
9.4.2. Built-in Laundry Appliances
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Laundry Appliances Demand Share Forecast, 2019-2026
10. Asia Pacific Laundry Appliances Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Laundry Appliances Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Laundry Appliances Market Size and Volume Forecast by Types
10.4.1. Freestanding Laundry Appliances
10.4.2. Built-in Laundry Appliances
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Laundry Appliances Demand Share Forecast, 2019-2026
11. Middle East & Africa Laundry Appliances Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Laundry Appliances Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Laundry Appliances Market Size and Volume Forecast by Types
11.4.1. Freestanding Laundry Appliances
11.4.2. Built-in Laundry Appliances
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Laundry Appliances Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Laundry Appliances Market: Market Share Analysis
12.2. Laundry Appliances Distributors and Customers
12.3. Laundry Appliances Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Mabe Colombia
12.4.2. Industrias Haceb SA
12.4.3. Electrolux
12.4.4. LG Electronics
12.4.5. Samsung
The Colombia Laundry Appliances Market has been segmented on the basis of
Products
- Washing Machine
- Dryers
- Electric Smoothing Irons
- Others
Types
- Freestanding Laundry Appliances,
- Built-in Laundry Appliances
Technologies
- Automatic
- Semi-Automatic/ Manual
- Others
Distribution Channels
- Supermarkets and Hypermarkets,
- Specialty Stores
- Online
- Others
Country
- Colombia
Key Market Players
- Mabe Colombia
- Industrias Haceb SA
- Electrolux
- LG Electronics
- Samsung
Key players competing in the Colombia laundry appliances market include Mabe Colombia; Industrias Haceb SA ; Electrolux; LG Electronics; Samsung
Some of these players are focusing on business strategies including partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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